Profund Advisors LLC Sells 8,147 Shares of Alphabet Inc. $GOOGL

Profund Advisors LLC cut its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 190,633 shares of the information services provider’s stock after selling 8,147 shares during the period. Alphabet makes up 1.9% of Profund Advisors LLC’s portfolio, making the stock its 10th largest holding. Profund Advisors LLC’s holdings in Alphabet were worth $65,593,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in GOOGL. ProShare Advisors LLC grew its holdings in Alphabet by 3.2% during the 3rd quarter. ProShare Advisors LLC now owns 3,076,096 shares of the information services provider’s stock valued at $1,058,423,000 after purchasing an additional 94,301 shares during the last quarter. Vise Technologies Inc. lifted its stake in Alphabet by 19.4% in the third quarter. Vise Technologies Inc. now owns 460,470 shares of the information services provider’s stock worth $158,438,000 after purchasing an additional 74,659 shares during the last quarter. Investment Partners LTD. lifted its stake in Alphabet by 57.7% in the third quarter. Investment Partners LTD. now owns 10,529 shares of the information services provider’s stock worth $3,622,000 after purchasing an additional 3,851 shares during the last quarter. Intrua Financial LLC lifted its stake in Alphabet by 0.4% in the third quarter. Intrua Financial LLC now owns 10,675 shares of the information services provider’s stock worth $3,673,000 after purchasing an additional 42 shares during the last quarter. Finally, Blue Fin Capital Inc. lifted its stake in Alphabet by 6.2% in the third quarter. Blue Fin Capital Inc. now owns 122,549 shares of the information services provider’s stock worth $42,167,000 after purchasing an additional 7,106 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GOOGL. JPMorgan Chase & Co. upped their target price on Alphabet from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Thursday, October 15th. Truist Financial decreased their price target on Alphabet from $420.00 to $410.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Roth Capital restated a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Piper Sandler set a $345.00 price objective on Alphabet and gave the company an “overweight” rating in a report on Thursday, October 29th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $375.00 target price (down from $400.00) on shares of Alphabet in a research note on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $412.51.

Alphabet Price Performance

Shares of GOOGL stock opened at $284.78 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The company has a market capitalization of $3.50 trillion, a P/E ratio of 14.86, a P/E/G ratio of 0.86 and a beta of 1.23. The company’s 50-day simple moving average is $332.93 and its two-hundred day simple moving average is $338.97. Alphabet Inc. has a one year low of $270.70 and a one year high of $408.61.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The company had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 247 shares of company stock worth $79,238. Company insiders own 11.61% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.